Shandong Buchang Pharmaceuticals' (SHA:603858) unit, Baoding Tianhao Pharmaceutical, received the drug registration certificate for oseltamivir phosphate dry suspension from the Chinese drug administration, according to a Shanghai Stock Exchange disclosure on Friday.
The certificate will allow the manufacturing and sales of the drug, which is used for the treatment of patients with influenza A and B.
The pharmaceutical company invested 14.4 million yuan into the research and development of the drug.